Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 10/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
13.1%
1 yr return
25.2%
3 Yr Avg Return
8.1%
5 Yr Avg Return
14.7%
Net Assets
$2.3 B
Holdings in Top 10
49.2%
Expense Ratio 0.59%
Front Load N/A
Deferred Load N/A
Turnover 4.43%
Redemption Fee N/A
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 10/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
To pursue its goals, the fund normally invests at least 80% of its net assets, plus any borrowings for investment purposes, in common stocks. The fund focuses on "blue chip" companies with total market capitalizations of more than $5 billion at the time of purchase, including multinational companies. These are established companies that have demonstrated sustained patterns of profitability, strong balance sheets, an expanding global presence and the potential to achieve predictable, above-average earnings growth. This potential is assessed based on an analysis of historical performance and the assessment of the fund's sub-adviser, Fayez Sarofim & Co., LLC, of the companies' financial statements, industry, business model and management. These companies frequently pay dividends that provide the fund with income. Multinational companies may be subject to certain of the risks involved in investing in foreign securities.
In choosing stocks, the fund's sub-adviser first identifies economic sectors it believes will expand over the next three to five years or longer. Using fundamental analysis, the fund's sub-adviser then seeks companies within these sectors that have proven track records and dominant positions in their industries. The fund also may invest in companies which the fund's sub-adviser considers undervalued in terms of earnings, assets or growth prospects. As a supplement to its primarily qualitative approach to risk, the fund's sub-adviser utilizes attribution software and equity risk factor models to conduct scenario analysis to enhance its understanding and management of the risk profile of the fund's portfolio.
In addition to direct investments, the fund may invest in securities of foreign companies in the form of U.S. dollar-denominated American Depositary Receipts (ADRs).
The fund's sub-adviser employs a "buy-and-hold" investment strategy, which generally has resulted in an annual portfolio turnover rate below 15%. A low portfolio turnover rate helps reduce the fund's trading costs and can minimize tax liability by limiting the distribution of capital gains generated due to portfolio turnover.
The fund typically sells a stock when the fund's sub-adviser believes there is a significant adverse change in the company's business fundamentals that may lead to a sustained impairment in earnings power.
Period | DGYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.1% | -0.5% | 40.4% | 89.21% |
1 Yr | 25.2% | 8.1% | 62.1% | 96.40% |
3 Yr | 8.1%* | -28.1% | 24.8% | 45.63% |
5 Yr | 14.7%* | -12.8% | 29.7% | 71.22% |
10 Yr | 12.1%* | -4.5% | 19.5% | 74.27% |
* Annualized
Period | DGYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.6% | -74.1% | 72.4% | 94.67% |
2022 | -24.8% | -85.9% | 4.7% | 12.59% |
2021 | 22.0% | -52.4% | 60.5% | 10.95% |
2020 | 16.9% | -34.3% | 145.0% | 79.04% |
2019 | 21.5% | -6.9% | 49.4% | 70.20% |
Period | DGYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 13.1% | -0.5% | 40.4% | 89.21% |
1 Yr | 25.2% | 8.1% | 62.1% | 96.40% |
3 Yr | 8.1%* | -28.1% | 24.8% | 45.63% |
5 Yr | 14.7%* | -12.8% | 29.7% | 71.22% |
10 Yr | 12.1%* | -4.5% | 19.5% | 74.27% |
* Annualized
Period | DGYGX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 21.8% | -4.6% | 72.4% | 91.41% |
2022 | -17.7% | -61.7% | 5.6% | 5.33% |
2021 | 27.4% | -39.8% | 118.1% | 16.88% |
2020 | 24.4% | 2.8% | 149.2% | 83.94% |
2019 | 35.6% | -5.2% | 49.4% | 28.48% |
DGYGX | Category Low | Category High | DGYGX % Rank | |
---|---|---|---|---|
Net Assets | 2.3 B | 292 K | 287 B | 41.52% |
Number of Holdings | 50 | 2 | 3143 | 65.71% |
Net Assets in Top 10 | 1.13 B | 109 K | 151 B | 44.79% |
Weighting of Top 10 | 49.15% | 0.7% | 205.0% | 68.23% |
Weighting | Return Low | Return High | DGYGX % Rank | |
---|---|---|---|---|
Stocks | 99.53% | 0.00% | 115.30% | 26.39% |
Cash | 0.61% | 0.00% | 173.52% | 62.57% |
Preferred Stocks | 0.00% | 0.00% | 10.69% | 75.94% |
Other | 0.00% | -31.50% | 50.35% | 77.11% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 73.11% |
Bonds | 0.00% | 0.00% | 103.97% | 74.06% |
Weighting | Return Low | Return High | DGYGX % Rank | |
---|---|---|---|---|
Technology | 24.65% | 0.00% | 65.70% | 85.52% |
Financial Services | 16.20% | 0.00% | 43.06% | 10.97% |
Consumer Defense | 11.26% | 0.00% | 25.50% | 3.51% |
Consumer Cyclical | 11.02% | 0.00% | 62.57% | 80.76% |
Healthcare | 10.00% | 0.00% | 39.76% | 75.09% |
Communication Services | 9.68% | 0.00% | 66.40% | 60.70% |
Energy | 8.11% | 0.00% | 41.09% | 4.32% |
Industrials | 5.65% | 0.00% | 30.65% | 57.64% |
Basic Materials | 3.42% | 0.00% | 18.91% | 14.30% |
Utilities | 0.00% | 0.00% | 16.07% | 81.29% |
Real Estate | 0.00% | 0.00% | 16.05% | 91.01% |
Weighting | Return Low | Return High | DGYGX % Rank | |
---|---|---|---|---|
US | 94.65% | 0.00% | 115.30% | 82.41% |
Non US | 4.87% | 0.00% | 75.51% | 10.77% |
DGYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.59% | 0.01% | 28.71% | 83.87% |
Management Fee | 0.55% | 0.00% | 1.50% | 39.51% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 1.02% | N/A |
DGYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
DGYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DGYGX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 4.43% | 0.00% | 316.74% | 2.14% |
DGYGX | Category Low | Category High | DGYGX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.46% | 0.00% | 27.58% | 8.18% |
DGYGX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
DGYGX | Category Low | Category High | DGYGX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.66% | -6.13% | 3.48% | 3.12% |
DGYGX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.052 | OrdinaryDividend |
Mar 28, 2024 | $0.075 | OrdinaryDividend |
Mar 28, 2024 | $1.013 | CapitalGainLongTerm |
Dec 20, 2023 | $0.096 | OrdinaryDividend |
Dec 20, 2023 | $1.980 | CapitalGainLongTerm |
Sep 29, 2023 | $0.083 | OrdinaryDividend |
Jun 30, 2023 | $0.106 | OrdinaryDividend |
Mar 31, 2023 | $0.090 | OrdinaryDividend |
Mar 31, 2023 | $0.794 | CapitalGainLongTerm |
Dec 21, 2022 | $2.811 | OrdinaryDividend |
Sep 30, 2022 | $0.094 | OrdinaryDividend |
Jun 30, 2022 | $0.091 | OrdinaryDividend |
Mar 31, 2022 | $0.439 | OrdinaryDividend |
Dec 21, 2021 | $1.681 | OrdinaryDividend |
Sep 30, 2021 | $0.049 | OrdinaryDividend |
Jun 30, 2021 | $0.074 | OrdinaryDividend |
Mar 31, 2021 | $0.208 | OrdinaryDividend |
Dec 21, 2020 | $1.496 | OrdinaryDividend |
Sep 30, 2020 | $0.070 | OrdinaryDividend |
Jun 30, 2020 | $0.086 | OrdinaryDividend |
Mar 31, 2020 | $0.538 | OrdinaryDividend |
Dec 20, 2019 | $0.082 | OrdinaryDividend |
Dec 20, 2019 | $2.268 | CapitalGainLongTerm |
Sep 30, 2019 | $0.089 | OrdinaryDividend |
Jun 28, 2019 | $0.114 | OrdinaryDividend |
Mar 29, 2019 | $0.138 | OrdinaryDividend |
Mar 29, 2019 | $0.952 | CapitalGainLongTerm |
Dec 20, 2018 | $0.126 | OrdinaryDividend |
Dec 20, 2018 | $4.969 | CapitalGainLongTerm |
Sep 28, 2018 | $0.117 | OrdinaryDividend |
Jun 29, 2018 | $0.141 | OrdinaryDividend |
Mar 29, 2018 | $0.143 | OrdinaryDividend |
Mar 29, 2018 | $0.030 | CapitalGainShortTerm |
Mar 29, 2018 | $0.605 | CapitalGainLongTerm |
Dec 22, 2017 | $0.190 | OrdinaryDividend |
Dec 22, 2017 | $3.177 | CapitalGainLongTerm |
Sep 29, 2017 | $0.114 | OrdinaryDividend |
Jun 30, 2017 | $0.148 | OrdinaryDividend |
Mar 31, 2017 | $0.199 | OrdinaryDividend |
Mar 31, 2017 | $0.024 | CapitalGainShortTerm |
Mar 31, 2017 | $2.205 | CapitalGainLongTerm |
Dec 22, 2016 | $0.147 | OrdinaryDividend |
Dec 22, 2016 | $5.334 | CapitalGainLongTerm |
Sep 30, 2016 | $0.151 | OrdinaryDividend |
Jun 30, 2016 | $0.184 | OrdinaryDividend |
Mar 31, 2016 | $0.221 | OrdinaryDividend |
Mar 31, 2016 | $3.368 | CapitalGainLongTerm |
Dec 23, 2015 | $0.249 | OrdinaryDividend |
Dec 23, 2015 | $10.827 | CapitalGainLongTerm |
Sep 30, 2015 | $0.241 | OrdinaryDividend |
Jun 30, 2015 | $0.267 | OrdinaryDividend |
Mar 31, 2015 | $0.297 | OrdinaryDividend |
Mar 31, 2015 | $1.039 | CapitalGainLongTerm |
Dec 30, 2014 | $0.260 | OrdinaryDividend |
Dec 30, 2014 | $1.947 | CapitalGainLongTerm |
Sep 30, 2014 | $0.257 | OrdinaryDividend |
Jun 30, 2014 | $0.275 | OrdinaryDividend |
Mar 31, 2014 | $0.300 | OrdinaryDividend |
Dec 23, 2013 | $0.249 | OrdinaryDividend |
Sep 30, 2013 | $0.239 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Oct 31, 2000
21.59
21.6%
Catherine P. Crain is a Vice President at Fayez Sarofim & Co. and a co-manager of the mutual funds that Fayez Sarofim & Co. manages for BNY Mellon. She is also a portfolio manager for a variety of institutional and high net worth clients. Ms. Crain joined the Firm in 1993 as an Associate. Over the years, areas of research responsibility have included transportation, media and entertainment, and consumer products. Ms. Crain received a M.B.A. from the University of Texas in 1993 and a B.A. with Highest Honors in the Plan II Liberal Arts Honors Program at the University of Texas at Austin in 1989, where she was elected to Phi Beta Kappa. Prior to joining Fayez Sarofim & Co., she was employed at Merrill Lynch & Co. as a Financial Analyst in the Investment Banking Division in New York and Houston. Ms. Crain is a life member of the University of Texas McCombs School of Business Advisory Council. She also serves as a member of The Joy School Board of Trustees.
Start Date
Tenure
Tenure Rank
Oct 31, 2000
21.59
21.6%
Christopher B. Sarofim is Vice Chairman of Fayez Sarofim & Co., President of Sarofim International Management Company and a Director of The Sarofim Group. He is a member of Fayez Sarofim & Co.’s Executive, Investment and Finance Committees, a co-manager of the mutual funds that Fayez Sarofim & Co. manages for BNY Mellon and a portfolio manager for a variety of institutional and high net worth clients. Mr. Sarofim joined the Firm in 1988 as an Associate. Mr. Sarofim received an A.B. in History from Princeton University in 1986. Prior to joining Fayez Sarofim & Co., he worked in corporate finance at Goldman, Sachs & Co. Mr. Sarofim is a member of the Board of Trustees for The Brown Foundation, Inc. He also serves on the boards of Kemper Corp. and Wood Partners and is on the Advisory Committee of the MD Anderson Cancer Center Board of Visitors.
Start Date
Tenure
Tenure Rank
Oct 31, 2000
21.59
21.6%
Charles E. Sheedy is a Senior Vice President at Fayez Sarofim & Co. and a member of the Firm’s Investment Committee. He is co-manager of the mutual funds that Fayez Sarofim & Co. manages for BNY Mellon and serves on the board of Sarofim Trust Co. Additionally, he is a portfolio manager for a variety of institutional and high net worth clients. Mr. Sheedy joined the Firm 1971 as an Associate. Over the years, areas of responsibility have included retail, electrical equipment, consumer staples, basic industries and health care. Mr. Sheedy received a M.B.A. from Harvard Business School in 1971 and graduated cum laude from the University of Notre Dame in 1969. Mr. Sheedy is a member of the Notre Dame Arts & Letters Advisory Counsel.
Start Date
Tenure
Tenure Rank
Nov 02, 2010
11.58
11.6%
William ("Gentry”) Lee, Jr. is the Chief Executive Officer and Co-Chief Investment Officer of Fayez Sarofim & Co., a Director of The Sarofim Group and a member of Fayez Sarofim & Co.’s Executive and Investment Committees. In addition to overseeing the Firm’s investment, client service and business operations, he is a co-manager of the mutual funds that Fayez Sarofim & Co. manages for BNY Mellon. He is also a portfolio manager for a variety of institutional and high net worth clients. Mr. Lee joined the Firm in 1998 as an Associate. Over the years, areas of research responsibility have included beverages, technology and transportation. Mr. Lee received a M.B.A. with High Distinction from Harvard Business School in 1998, where he was a Baker Scholar, and a B.A. with High Honors in Economics from Vanderbilt University in 1994, where he graduated summa cum laude. He was also elected to Phi Beta Kappa. Prior to attending business school and joining Fayez Sarofim & Co., he was employed as a Financial Analyst with Enron Capital & Trade Resources. Mr. Lee serves on the board of directors of Wood Partners and St. John’s School. Previously, he was a board member of the Carruth Foundation and Memorial Park Conservancy and Co-President of the Houston Vanderbilt University Alumni Chapter.
Start Date
Tenure
Tenure Rank
Mar 04, 2020
2.24
2.2%
Alan R. Christensen is the President and Head of Investment Risk at Fayez Sarofim & Co. Mr. Christensen oversees the Firm’s marketing, client service, operations and technology initiatives and is a member of the Investment Committee. He is also a portfolio manager for a variety of institutional and high net worth clients. Mr. Christensen joined the Firm in 2005 as an Associate. Mr. Christensen received a M.B.A. with Distinction from Cornell University in 2005, where he was a Park Fellow and a B.A. in Economics and History from Washington & Lee University in 1995, where he graduated cum laude. Prior to joining Fayez Sarofim & Co., he was employed with Alvarez & Marsal as a Director and Accenture as a Senior Manager in Capital Markets.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.24 | 3.08 |
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